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How to apply for tax exemption of branch of a charitable trust
27-Apr-2023 (In Tax Law)
WE ARE HAVING A CHARITABLE TRUST MANGALORE AND THE BRANCH MUMBAI AND HAVING SEPARATE ACCOUNT BUT PAN CARD IS ONE. THE MAIN BODY CHANGED THEIR PAN CARD AND ALSO GOT TAX EXEMPTION U/S 12 OF INCOME TAX ACT. AT THE TIME OF APPLYING FOR TAX EXEMPTION THEY HAVE NOT MENTIONED THE BRANCH ACCOUNT. IF NOW WE HAVE TO INCLUDE THE BRANCH ACCOUNTS WHILE FILING INCOME TAX RETURN IS EFFECT THE TAX EXEMPTION
i really appreciate for your query, however, my specialisetion is only in Indirect Tax, therefore could give the proper answer. you are requested to communicate the concern CA who can guide you the best.
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Adv. Vidyadhar Apte
Pune | 25+ Answers
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